Word: risks
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Dates: during 1970-1979
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Kennedy runs a special risk, of course, and not only because he lost two brothers to assassins. Says Psychiatrist Frank Ochberg, state director of mental health in Michigan: ''The same charisma in Ted Kennedy that stirs some people to the good, stirs other people to the bad.'' In September, Jimmy Carter ordered the Secret Service to guard Kennedy. They now watch over him around the clock, three shifts of five or six agents each, all identified by a lapel button and an earplug linked to a walkie-talkie. When traveling, Kennedy is usually accompanied by Aide...
...allowing the Shah to remain in the U.S. for the full term of chemotherapy, the Carter Administration runs the risk of offending the stern new rulers of Iran, who have neither forgotten nor forgiven the excesses of the Shah's regime...
...Belgian Foreign Minister Henri Simonet told TIME: "Without ratification of SALT II, it will be politically impossible for the West Germans-and even more so for us Belgians and the Dutch -to say that we are going to modernize our theater nuclear forces. I will not accept the risk. It would be to commit political suicide, and if people like me don't move, you can be sure that most other politicians won't move. I'm not going to budge until I have the cover of SALT...
...costs $18 million and can take ten years. As a result, the number of new drugs introduced by U.S. pharmaceutical firms has fallen off 50%. Writes British Essayist Henry Fairlie: "The once rambunctious American spirit of innovation and adventurousness is today being paralyzed by the desire to build a risk-free society...
Businessmen must share the opprobrium for stifling innovation. Says Donald Frey, chairman of Bell & Howell: "The biggest problem in the U.S. is not the lack of inventive capacity but the lack of businessmen willing to take the risk investments." The bottom-line obsession of many managers results in quick payoff investments to retool old products rather than expensive long-term spending to develop new ones. Though Texas Instruments this year will spend $155 million on research, Vice President George Heilmeier admits: "We have become conservative and spend less on basic research...